CEO
Srini Pallia The New Chairman of Wipro
| April 7, 2024, 7:29 a.m.
Wipro CEO Thierry Delaporte Steps Down, Srini Pallia Named as Replacement
Wipro announced the departure of CEO Thierry Delaporte effective immediately, citing his decision to pursue interests outside of the workplace. Delaporte, who had been CEO since July 2020, will be succeeded by Srini Pallia, the current CEO for the company's Americas 1 area. The company expressed gratitude for Delaporte's leadership and highlighted the changes he implemented during his tenure. Delaporte's departure marks the latest in a series of high-profile exits from Wipro.
Read More.| March 12, 2024, 7:04 a.m.
Byju's Shifts to Remote Work as Offices Vacated Amid Financial Crisis
Edtech giant Byju's has instructed its 14,000 employees to work from home as it vacates all its offices across the country, except for its headquarters in Bengaluru. The move comes as Byju's grapples with financial difficulties, including cash-flow problems and a dispute with creditors over a $1.2 billion loan. The company's valuation has reportedly plummeted by 90 percent over the past year, and it has faced challenges such as the removal of its CEO Byju Raveendran and issues with corporate governance. Byju's tuition centers, however, will continue to operate despite the office closures.
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Zomato CEO Deepinder Goyal Joins "Shark Tank India" as Esteemed Judge
| Oct. 8, 2023, 6:16 a.m.
Zomato CEO Deepinder Goyal Joins "Shark Tank India" as Esteemed Judge
In a significant development for the entrepreneurial ecosystem, Zomato CEO Deepinder Goyal has been announced as the newest judge on "Shark Tank India." His inclusion adds a wealth of expertise and experience to the panel, offering aspiring entrepreneurs a valuable opportunity to secure investment and guidance.
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Highlights of India Budget 2024: Finance Minister announces 2 crore more houses under Pradhan Mantri Awas Yojana – Gramin (PMAY-G) . No changes to income tax slabs.
Budget 2024 Key Highlights: Fiscal deficit target for 2024-25 at 5.1% of GDP; no changes to income tax slabs
No Major Tax Changes in Interim Budget, Focus on Growth
Fiscal Deficit Target Lowered to 5.8% in Interim Budget
Infrastructure, Digital Push to Drive Growth in Interim Budget
Education Sector Seeks Higher Allocation, NEP Implementation in Budget
Sitharaman Presents Interim Budget, Focuses on Fiscal Consolidation and Growth
Sitharaman's Last Budget Before 2024 Elections Focuses on Rural India
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